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Japan To Pass Bill For Special Economic Zones To Boost Foreign Investment And Consumer Confidence

This article was originally published in PharmAsia News

Executive Summary

TOKYO - Japan's Diet will pass legislation June 20 to create special economic zones in Northern Japan as part of the reconstruction effort from the March 11 earthquake and ensuing tsunami and nuclear crisis. While the specifics for the economic zones have yet to be settled, it is expected that substantial tax breaks will be included in the incentives to encourage reconstruction and foreign investment

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MHLW Relied On EU and U.S. For Actos Safety Data, But Newly Funded Health Records Database Will Boost Japan's Pharmacovigilance

TOKYO - Japan's Ministry of Health, Labor and Welfare followed the lead of EMA and U.S. FDA and requested Takeda Pharmaceutical Co. Ltd. to change labeling for Actos (pioglitazone) to reflect safety concerns about the risk of bladder cancer. MHLW had to rely on epidemiological data compiled by EMA, but MHLW's safety division hopes new funding from the government will help build an electronic health records database to conduct similar pharmacovigilance epidemiology studies for the Japanese market

MHLW Relied On EU and U.S. For Actos Safety Data, But Newly Funded Health Records Database Will Boost Japan's Pharmacovigilance

TOKYO - Japan's Ministry of Health, Labor and Welfare followed the lead of EMA and U.S. FDA and requested Takeda Pharmaceutical Co. Ltd. to change labeling for Actos (pioglitazone) to reflect safety concerns about the risk of bladder cancer. MHLW had to rely on epidemiological data compiled by EMA, but MHLW's safety division hopes new funding from the government will help build an electronic health records database to conduct similar pharmacovigilance epidemiology studies for the Japanese market

Newly Funded Health Records Database Will Boost Japan's Pharmacovigilance

Japanese Ministry of Health, Labor and Welfare had to rely on EU and U.S. regulators for Actos safety data concerning bladder cancer risk.

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